The Board of United Bank for Africa Plc (UBA) has announced the appointment of Mr. Chukwuma Nweke as Deputy Managing Director, effective October 1, 2024.
This was contained in the company’s notice to the Nigerian Exchange Limited (NGX) seen by NewsNGR.
The appointment is subject to regulatory approval by the Central Bank of Nigeria.
According to a statement signed by the Group Company Secretary/ Legal Counsel, Bili Odum, Mr. Nweke holds a bachelor’s degree in Accountancy and an MBA from the University of Nigeria, Nsukka.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and an honorary member of the Chartered Institute of Bankers of Nigeria.
With over 30 years of experience across banking operations, finance, technology, audit, strategy, retail banking, and payments, Mr. Nweke previously served as Executive Director and Group Chief Operating Officer of UBA.
Speaking on the appointment, UBA Group Chairman, Mr. Tony Elumelu, stated, ‘The appointment of Chukwuma Nweke underlines once again, UBA’s commitment to upholding the highest governance and operational leadership.
His deep industry expertise and proven track record make him an invaluable asset to our Board, and we are confident that his contributions will further strengthen the Group’s growth and success.”
UBA also announces the retirement of Dr. Kayode Fasola, a Non-Executive Director, who joined the UBA Group Board in August 2018.
The group noted that during his tenure, Dr. Fasola has provided distinguished leadership, serving as Chairman of the Finance and General Purpose Committee and as a member of the Board Audit & Governance, Credit, and Statutory Audit Committees.
The Board of UBA expressed its deep appreciation to Dr. Fasola for his dedication and significant contributions to the Group. The Board wishes Dr. Fasola the best in his future endeavors.